Africa

Telkom SA could be fully nationalised after sources close to the company claimed the South African government was looking to buy its outstanding stock.

A report from Pyramid Research forecasts South Africa’s telecoms market will grow slowly at a CAGR of 2%, from $17.8 billion in 2012 to $19.6 billion in 2017.

As one of the biggest and fastest growing telecoms markets in Africa, Nigeria already has a significant international presence in its domestic telecoms market and continues to attract the attention of foreign investors.

Fighting stringent African monopolies as a telecoms lawyer was just the first step for Nic Rudnick, CEO at Liquid Telecom. He explains to Kavit Majithia about his passionate commitment to bringing connectivity to the masses across Africa in the face of restrictive regulatory environments.

Hong Kong’s PCCW Global has reportedly agreed to acquire the satellite service unit of Vodacom’s Gateway Communications, in a bid to expand its African operations.

Funke Opeke, CEO of Main One Cable, has said that the company is unconcerned by the arrival of the WACS cable in the West African market, which was officially launched on May 11.

Cameroon’s government is reportedly looking to attract a third mobile operator to the country.